Tata motors joins hands with IndusInd Bank

Tata motors joins hands with IndusInd Bank While the company has been struggling hard to make people believe that its Nano is absolutely safe for public use but the fact of the matter is, it hasn't stopped the country's largest auto major, Tata motors to work ahead with its growth plans.

For the uninitiated, the company has recently joined hands with IndusInd Bank to ensure that the consumer has a wide array of financing options at the time of the buying a product from the company.

In a recently issued press release to the media, the company said that a MoU was signed in this regard by senior executives of the both companies. Tata Motors Passenger Vehicle Business Unit Vice President R Ramakrishnan said that the banking giant is one top list of financiers for Tata motors commercial vehicle range as of today.

Moreover, the Vice President of the company also said that it is very excited to extend this partnership to the passenger vehicle segment as well. IndusInd Bank Consumer Finance Division Executive Vice-President S V Parthasarathy said with this deal in place, the company will now be able to offer financing options to the Tata motors entire portfolio's consumer.